Purchase Manager

Company Description

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Job Description

We're looking for a detail-oriented and strategic Purchase Manager to join our organization in Mysuru, India. In this role, you'll be responsible for managing the complete procurement lifecycle, from vendor selection and negotiation to contract management and supplier performance evaluation. You'll work collaboratively with cross-functional teams to ensure cost-effective purchasing decisions while maintaining the highest quality standards. This position offers an excellent opportunity to drive operational efficiency and contribute to our organization's success through innovative procurement strategies and transparent vendor relationships.

Develop and implement procurement strategies that align with organizational goals and support cost optimization initiativesIdentify, evaluate, and select qualified vendors and suppliers based on quality, pricing, delivery, and service criteriaNegotiate contracts and terms with suppliers to secure favorable pricing and conditions while maintaining strong business relationshipsManage purchase orders, ensuring accuracy, timeliness, and compliance with company policies and proceduresAnalyze market trends and pricing data to make informed purchasing decisions and identify cost-saving opportunitiesMonitor supplier performance through regular evaluations and provide constructive feedback to drive continuous improvementMaintain organized records of all procurement activities, contracts, and vendor information in the ERP systemCollaborate with internal stakeholders including operations, finance, and quality teams to understand requirements and resolve procurement challengesPrepare detailed reports and analytics on purchasing metrics, spending patterns, and supplier performance for management reviewEnsure compliance with company policies, industry regulations, and ethical procurement standardsManage inventory levels in coordination with operations to balance stock availability with cost efficiencyParticipate in process improvement initiatives to streamline procurement workflows and enhance operational efficiency

Qualifications

**Required Qualifications:**

Bachelor's degree in Business Administration, Supply Chain Management, Economics, or a related fieldMinimum 3-5 years of professional experience in procurement, purchasing, or supply chain managementProven expertise in vendor management and supplier relationship developmentStrong negotiation and contract management skills with demonstrated success in achieving cost savingsProficiency with ERP systems and advanced Microsoft Excel skills for data analysis and reportingSolid understanding of supply chain principles, procurement best practices, and inventory managementExcellent analytical and problem-solving abilities with strong attention to detailOutstanding organizational and time management skills with the ability to manage multiple prioritiesStrong written and verbal communication skills with the ability to collaborate effectively across departmentsDemonstrated ability to work independently and as part of a team in a fast-paced environment

Preferred Qualifications

Certification in Procurement (APICS, CIPS, or equivalent)Experience with strategic sourcing and category managementKnowledge of quality assurance processes and supplier quality managementFamiliarity with risk management in procurement and supply chainProject management experienceExperience in a manufacturing or industrial environmentProficiency in additional procurement software or tools